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These days, finding an affordable place to live in the 07878 area can be challenging. Home prices in 07878 are now at a median cost of $452,300, lower than the New Jersey average of $496,577.
The average cost of rent is $2,085/mo in 07878, primarily driven by the current value of real estate in the 07878 area. In 07878, 5.54% of households rent, and 44.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07878 is $9,654 per month. Households that rent pay about 21.60% of their income on rent here. 07878’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07834, NJ: higher priced homes
- 07950, NJ: higher priced homes
- 07046, NJ: higher priced homes
- 07054, NJ: higher priced homes
- 07866, NJ: equally priced homes
- 07927, NJ: higher priced homes
- 07801, NJ: less expensive homes
- 07005, NJ: higher priced homes
- 07981, NJ: higher priced homes
- 07034, NJ: equally priced homes
Zip Codes with Similar Populations
- 59410, MT: less expensive homes
- 70355, LA: less expensive homes
- 30426, GA: less expensive homes
- 31756, GA: less expensive homes
- 41777, KY: less expensive homes
- 47640, IN: less expensive homes
- 48028, MI: less expensive homes
- 48762, MI: less expensive homes
- 53544, WI: less expensive homes
- 55922, MN: less expensive homes
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